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Over Half An Acre Of Rmu-20 Zoned Land One Block From Lrt

$4,388,000

For Sale: in

Over Half an Acre of RMU-20 Zoned Land one Block from LRT

Mike Milovick

Realtor

Listing Details

Subtype: Residential

Zoning: RMU-20

Sale type: Ideal for both investors and owner-users

Lot Size: 0.54 Acres

Permitted uses:

  • Multifamily

Description

Compelling Opportunity! Four parcel land assembly featuring 0.542 acres of RMU-20 zoned land available in perhaps the most exciting area in Waterloo! 194 feet of frontage! Situated steps to Waterloo Park's LRT station (about 200 meters) this IS the most intriguing site in Waterloo on the market. Uptown Waterloo, with its shops and nightlight, Waterloo Park and Waterloo Rec Centre are a quick walk away. Both universities are accessible by LRT - just a stop away! CIGI down the street. Perimeter Institute and Clay and Glass museum around the corner. Warehouse the site now and work on your development plans. One owner owns all four parcels - only one negotiating party. RMU-20 zones allows for multi-unit residential building, mixed use building with dwelling units about first story, freehold towns, stacked townhome buildings, long term assisted care facility and more! Seller has conceptual, architectural drawings for 64 unit build. This is a rare development opportunity in the Uptown core. Why settle for a tertiary location when you can own The Best? Opportunity knocks - will you answer?

Location & nearby

This listing is located in Waterloo, ON N2L 1V2

159 Erb Street West, Waterloo, ON, Canada

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Mike Milovick

Realtor

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